Why BrainChip's New Australian Patent Strengthens its AI Portfolio
Sydney, August 25, 2023 - BrainChip Holdings Ltd ("BrainChip" or the "Company") (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world's first commercial producer of ultra-low power neuromorphic AI IP, has announced the issuance of a new Australian patent that reinforces its position as a leader in the field. The patent, AU 2022203607, was granted on August 24, 2023, by IP Australia.
Benefits of the Patent:
The newly granted patent, titled "Event-Based Extraction of Features in a Convolutional Spiking Neural Network," significantly enhances BrainChip's portfolio, which now comprises 18 issued patents. The company considers this patent to be a valuable asset that will give it a competitive edge by preventing rivals from efficiently performing transposed and dilated convolutions in a neural network.
The key features protected by the patent include:
The patent safeguards event-based transposed and dilated convolution techniques on digital input data converted into events. This approach reduces computational requirements and power consumption compared to non-event-based convolutions.
Advanced edge applications can be implemented using fewer event-based neuron circuits, thanks to the patented technology.
Story Continues.. after this ad because we need some dollarydoos
The technology offers significant advantages in low power consumption and efficiency, surpassing existing state-of-the-art techniques. It is particularly suitable for tasks such as semantic segmentation and super-resolution.
The patented technology is well-advanced in development and will be integrated into the second-generation Akida IP, demonstrating its practical usability in cutting-edge hardware.
Expanding BrainChip's Reach:
BrainChip's patent portfolio now includes 18 issued patents, with 12 in the United States, 4 in Australia, 1 in Europe, and 1 in China. Additionally, the company has approximately 30 patent applications pending across various countries including the US, Europe, Australia, Canada, Japan, Korea, India, Brazil, Russia, Mexico, and Israel.
With this latest addition to its portfolio, BrainChip solidifies its position as a leader in the field of ultra-low power neuromorphic AI IP. The company continues to drive innovation and advance its technology to meet the evolving demands of the AI industry.
Promote your business on our growing investor platform: Advertise With Us
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
📈 Top 10 Stock Lists
Join the conversation
📈 Top Daily Gainers
📈 YTD Gainers
📉 Top Daily Losers
💰 High Dividend Yields
📅 Best Performers – November
✅ Seasonal Standouts – November
🔮 Seasonal Standouts – December